The VPA would secure several public benefits in connection with the proposal. These include:

a community building

business innovation space in the lower levels of the commercial tower

a public cycle facility

a large public plaza will front George Street

a secondary plaza on Rugby Place

a network of laneways to connect the precinct

The next step is for the approved planning proposal to progress as an amendment to the Local Environmental Plan and for City of Sydney and Lendlease to officially execute a VPA. Lendlease then intends to submit a development application to redevelop the Ciruclar Quay site.